reverse comissions: Real estate in reverse.
- 08/09/08 09:05 AM
This week was a setback! A client I have been working with called to say that they were closing on a property that they had sold, and were ready to purchasa a lot they had been talking to me about. The lot was the cheapest in our inventory ( $1,750.00), but we were getting a full 10% commision (split equally with the listing agent, and less my brokers part. I suggested that we meet at my office, to sign the papers, after lunch. They agreed, and asked if $1.00 earnest money would be enough, that was all they had. I said sure, (0 comments)